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Income from house property

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 July 2012 A,B & C are siblings and jointly own an undivided residential house in Delhi. However house is occupied by A for his residence. A does not pay any rent to B & C, and hence for B & C house is not rented.
B owns another house in Gurgaon for which she is the sole owner and resides there.
C owns a flat in Mumbai and resides there.
My query is how will they treat their share(33% portion) of Delhi house in their (B & C)ITR? Will it be deemed to be rented and any deemed income to be computed u/s 22 & 23?

02 July 2012 TELL ME IS IT HUF PROPERTY. IF IT IS HUF NOTHING WOULD BE CHARGEABLE TO B & C.

BUT IF IT IS JOINT PROPERTY(& NOT HUF), EACH SHALL HAVE PROPORTIONATE INTEREST IN THE PROPERTY AND MAY BE TREATED AS DEEMED TO BE LET OUT AT THE OPTION OF B&C.


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